Governance structure
Company with an Audit & Supervisory BoardThe company holds cross-shareholdings to maintain stronger financial relationships with its principal transaction banks. Yokohama Financial Group,Inc.: 54,100 shares held, balance sheet carrying amount of ¥74.333 million, ownership ratio of 0.005%. The Chiba Bank,Ltd.: 10,000 shares held, balance sheet carrying amount of ¥19.960 million, ownership ratio of 0.001%.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | 7 directors (including 3 outside directors) |
| Policy on cross-shareholdings | The company holds cross-shareholdings to maintain stronger financial relationships with its principal transaction banks. Yokohama Financial Group,Inc.: 54,100 shares held, balance sheet carrying amount of ¥74.333 million, ownership ratio of 0.005%. The Chiba Bank,Ltd.: 10,000 shares held, balance sheet carrying amount of ¥19.960 million, ownership ratio of 0.001%. |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.東日本銀行, which is part of Yokohama Financial Group, and The Chiba Bank,Ltd. are the company's principal transaction banks. The company holds these shares to maintain stronger financial relationships with them. The holdings are also economically rational, while the impact of the ownership ratios is immaterial.